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Charity SORP Committee seeks views on charity accounting framework

  • Charity Commission Image

01 Nov 2019

The Charity SORP Committee is looking for engagement partners to form key stakeholder groups with the goal of gathering feedback on the charity accounting framework and ideas for change.

The committee would like to hear from individuals or organisations with an interest in charity financial reporting. These engagement partners will be put into stakeholder groups based on their main areas of work. Stakeholder groups will be asked to consider:

  • the information needs of users of charity annual reports and accounts;
  • how far the Charity SORP needs to change to meet those needs;
  • what information is needed in order to prepare a good quality set of charity accounts; and
  • opportunities to simplify and remove unnecessary requirements while maintaining compliance with UK GAAP.

The views of the stakeholder groups will help inform the future and content of the SORP.  The closing date for applications is 31 January 2020.

Further information is available on the Charity Commission website.

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